Category Archives: Mining

Fall in commodity prices a threat to smaller miners

Posted on May 18, 2012 by

The fall in commodity prices may first pose a threat to the many smaller mining companies that have higher costs than the large players, according to an article in todays SMH. This extract from the article says: “Australian investors need … Continue reading →

Posted in Australian economy, Mining | Leave a comment

Previous Post

Posted on May 2, 2012 by

The Chinese PMI is up at 53.3 reversing a slump in demand earlier this year, and suggesting that Chinese demand for our resource products will continue. According to a report released by Treasury, Chinese mineral demand will continue to be … Continue reading →

Posted in China, Mining | Leave a comment

Mine closure to affect Rockhampton & Mackay

Posted on April 11, 2012 by

BHP announces the closure of the Norwich Park Mine at Dysart QLD which is serviced from nearby Rockhampton and Mackay.   http://www.smh.com.au/business/bhp-announces-qld-mine-closure-20120411-1wpsk.html

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Fly-in-fly-out trends

Posted on March 28, 2012 by

An interesting article in todays SMH looks at the impact of FIFO (fly in fly out) and DIDO (drive in drive out) worker trends in mining and the impact on parts of the economy. Some excerpts of interest from the … Continue reading →

Posted in Australian real estate, Mining | Leave a comment

QLD: Xstrata mine at Wandoan approved by Land Court

Posted on March 27, 2012 by

The Queensland Land Court has approved the Xstrata $7 Bn Wandoan Coal Project in the Surat Basin, subject to conditions over proposed mining lease areas. A final decision on the project now passes to the newly elected LNP State Government. … Continue reading →

Posted in Australian economy, Mining, Queensland | Leave a comment

Europe continues muddling

Posted on January 17, 2012 by

The Opposition tries to compare the Australian economy with Iceland… Meanwhile, the European dance macabre continues. Greece flirts with default again, as talks between the country, IMF and Europe continue, but any common ground seems to be slipping. Probably by … Continue reading →

Posted in Australian economy, China, Europe, Greece, Mining, Real estate and economics, World economics | Leave a comment

End of a year, thankfully

Posted on December 23, 2011 by

So we end the year, at a point not much different to this time last year. 2011 was supposed to be a quiet year in economic terms, when nice predictable growth resumed and problems faded, whereas it turned out totally … Continue reading →

Posted in Australian economy, Australian real estate, Europe, Greece, Home loans, Housing, Interest rates, Mining, Queensland, Real estate and economics, Reserve Bank, Residential house prices, Retail trade, World economics | Leave a comment

The impact of a Euro collapse on Australia

Posted on November 28, 2011 by

I’ve been asked whether the Euro could really collapse, and if so, what the impact on Australia would be. Nothing like starting with the big issues on a Monday morning! The answer to the first part is yes, the Euro … Continue reading →

Posted in Australian economy, Australian real estate, Europe, Greece, Mining, Real estate and economics, Reserve Bank, Residential house prices, USA, World economics | 2 Comments

The mining boom, China and the impact on the rest of Australia

Posted on October 18, 2011 by

Here’s a good article in Bloomberg on the mining boom, giving a wealth of detail that I’m holding on to, for an upcoming bit of research on the impact of the mining boom, so you can get a heads-up here. … Continue reading →

Posted in Australian economy, Mining, Real estate and economics, Western Australia, World economics | Leave a comment